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Segment, Geographical Area, Major Customer and Major Supplier Information (Tables)
12 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Selected segment financial information
Selected Segment Financial Information
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2015
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,465

 
$
3,609

 
$
2,139

 
$
1,749

 
$
185

 
$
11,147

Net sales - intersegment
 
18

 
174

 
201

 
101

 
(494
)
 
—

Net sales
 
$
3,483

 
$
3,783

 
$
2,340

 
$
1,850

 
$
(309
)
 
$
11,147

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
137

 
$
103

 
$
71

 
$
63

 
$
(22
)
 
$
352

Income tax (benefit) provision
 
$
(27
)
 
$
12

 
$
16

 
$
(1
)
 
$
14

 
$
14

Capital expenditures
 
$
122

 
$
257

 
$
85

 
$
53

 
$
1

 
$
518

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Investment in and advances to non–consolidated affiliates
 
$
—

 
$
447

 
$
—

 
$
—

 
$
—

 
$
447

Total assets
 
$
2,744

 
$
2,952

 
$
1,663

 
$
1,588

 
$
155

 
$
9,102

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2014
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,042

 
$
3,145

 
$
1,849

 
$
1,543

 
$
188

 
$
9,767

Net sales - intersegment
 
8

 
135

 
27

 
45

 
(215
)
 
—

Net sales
 
$
3,050

 
$
3,280

 
$
1,876

 
$
1,588

 
$
(27
)
 
$
9,767

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
126

 
$
103

 
$
68

 
$
69

 
$
(32
)
 
$
334

Income tax (benefit) provision
 
$
(34
)
 
$
6

 
$
16

 
$
6

 
$
17

 
$
11

Capital expenditures
 
$
147

 
$
241

 
$
198

 
$
117

 
$
14

 
$
717

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Investment in and advances to non–consolidated affiliates
 
$
—

 
$
612

 
$
—

 
$
—

 
$
—

 
$
612

Assets held for sale - Investment in and advances to non-consolidated affiliates
 
$
—

 
$
—

 
$
—

 
$
39

 
$
—

 
$
39

Total assets
 
$
2,998

 
$
3,046

 
$
1,440

 
$
1,583

 
$
47

 
$
9,114

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Selected Operating Results Year Ended March 31, 2013
 
North
America
 
Europe
 
Asia
 
South
America
 
Eliminations
and Other
 
Total
Net sales - third party
 
$
3,397

 
$
3,096

 
$
1,746

 
$
1,391

 
$
182

 
$
9,812

Net sales - intersegment
 
8

 
85

 
16

 
—

 
(109
)
 
—

Net sales
 
$
3,405

 
$
3,181

 
$
1,762

 
$
1,391

 
$
73

 
$
9,812

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
118

 
$
103

 
$
53

 
$
51

 
$
(33
)
 
$
292

Income tax provision
 
$
13

 
$
30

 
$
18

 
$
13

 
$
9

 
$
83

Capital expenditures
 
$
183

 
$
80

 
$
251

 
$
197

 
$
64

 
$
775

Reconciliation from income from reportable segments to net income attributable to out common shareholder
The following table shows the reconciliation from income from reportable segments to “Net income attributable to our common shareholder” (in millions).
 
 
 
Year Ended March 31,
 
 
2015
 
2014
 
2013
North America
 
$
273

 
$
229

 
$
324

Europe
 
250

 
265

 
261

Asia
 
141

 
160

 
174

South America
 
240

 
231

 
202

Intersegment eliminations
 
(2
)
 
—

 
—

Depreciation and amortization
 
(352
)
 
(334
)
 
(292
)
Interest expense and amortization of debt issuance costs
 
(326
)
 
(304
)
 
(298
)
Adjustment to eliminate proportional consolidation
 
(33
)
 
(40
)
 
(41
)
Unrealized (losses) gains on change in fair value of derivative instruments, net
 
—

 
(10
)
 
14

Realized (losses) gains on derivative instruments not included in segment income
 
(6
)
 
5

 
5

Gain on assets held for sale, net
 
22

 
6

 
3

Loss on extinguishment of debt
 
—

 
—

 
(7
)
Restructuring and impairment, net
 
(37
)
 
(75
)
 
(47
)
Loss on sale of fixed assets
 
(5
)
 
(9
)
 
(6
)
Other costs, net
 
(3
)
 
(9
)
 
(6
)
Income before income taxes
 
162

 
115

 
286

Income tax provision
 
14

 
11

 
83

Net income
 
148

 
104

 
203

Net income attributable to noncontrolling interests
 
—

 
—

 
1

Net income attributable to our common shareholder
 
$
148

 
$
104

 
$
202

Schedule of revenue from external customers attributed to foreign countries by geographic area
The tables below present “Net sales” and “Long-lived assets and other intangible assets” by geographical area (in millions). “Net sales” are attributed to geographical areas based on the origin of the sale. “Long-lived assets and other intangible assets” are attributed to geographical areas based on asset location and exclude investments in and advances to our non-consolidated affiliates and goodwill.
 
 
 
Year Ended March 31,
 
 
2015
 
2014
 
2013
Net sales:
 
 
 
 
 
 
United States
 
$
3,507

 
$
3,021

 
$
3,350

Asia and Other Pacific
 
2,139

 
1,845

 
1,745

Brazil
 
1,750

 
1,544

 
1,391

Canada
 
144

 
209

 
230

Germany
 
2,976

 
2,449

 
2,391

United Kingdom
 
139

 
135

 
53

Other Europe
 
492

 
564

 
652

Total Net sales
 
$
11,147

 
$
9,767

 
$
9,812

Schedule of disclosure on geographic areas, long-lived assets in individual foreign countries by country
 
 
March 31,
 
 
2015
 
2014
Long-lived assets and other intangibles:
 
 
 
 
United States
 
$
1,518

 
$
1,504

Asia and Other Pacific
 
840

 
866

Brazil
 
866

 
889

Canada
 
78

 
82

Germany
 
251

 
268

United Kingdom
 
45

 
46

Other Europe
 
528

 
498

Total long-lived assets
 
$
4,126

 
$
4,153

Net sales to largest customers, as a percentage of total net sales
The table below shows our net sales to Rexam Plc (Rexam), Anheuser-Busch LLC (Anheuser-Busch), and Affiliates of Ball Corporation (Ball Corporation), our three largest customers, as a percentage of total “Net sales.”
 
 
 
Year Ended March 31,
 
 
2015
 
2014
 
2013
Rexam (A)
 
18
%
 
17
%
 
15
%
Ball Corporation (A)
 
10
%
 
10
%
 
10
%
Anheuser-Busch LLC
 
7
%
 
8
%
 
11
%
Percentage of total combined metal purchases
The table below shows our purchases from RTA as a percentage of our total combined metal purchases.
 
 
 
Year Ended March 31,
 
 
2015
 
2014
 
2013
Purchases from RTA as a percentage of total combined metal purchases
 
15
%
 
17
%
 
24
%